Building an ‘Electronic’ Ecosystem for Water Manufacturing Industry

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Bottled water consumption has grown exponentially over the past ten to fifteen years. This growth has taken place globally, particularly in the Middle East. The bottled water industry has literally created its own water culture. For example, when one enters a gas station, grocery store or a restaurant in any country of the world, one is bound to find at least a few different brands of bottled water. Many government programs regularly disperse bottled water for various reasons. Distributing small bottles of water is much easier than distributing large bulk storages of water. Also contamination from large water storage containers is much more likely than from single 12-20 ounce bottles of water.

Many countries have become very oriented toward bottled water. Infact, Asia and the Middle East have pushed out the boundaries of opportunity for bottled water. Many more consumers now rely on bottled water for daily use, turning to it in preference to poor quality mains water. The world’s bottled water industry recorded a yearly growth rate of 4% in 2010 to exceed $99 billion, reports MarketLine . The market is expected to expand by more than 27% in the five-year period ending 2015 to generate more than $126 billion in revenue. In 2010, the market had a volume in excess of 152 billion liters, forecast to reach close to 183 billion liters in 2010, representing a 20% increase in five years. The water manufacturing industry has to automate its processes, in order to cater for the growing demands in the region.

Data Access

Real Time communication and access to data across vendors, partners and customers has always been critical to a company’s success. In order to ensure this continued success, a platform is needed to create an electronic ecosystem for all the independent businesses to operate in. A critical requirement for this electronic ecosystem is to integrate and combine sales, purchase, accounting, inventory and operational data via a single solution. Having a unified and accessible database is necessary for water companies to streamline and automate many of its manual business processes, thus increasing productivity and cost of operations.

Implementation of a such a coherent electronic ecosystem that is:

  • Especially designed for the manufacturing and production domain that can significantly improve the manufacturing process, distribution and account management.
  • Improves cash management and collection process through automation.
  • Gains tighter control and proven scalability without compromising on performance.
  • Boosts efficiency and serve time by integrating information across systems/applications.
  • Improves decision making by extending insights across entire organization and adaptive to all the reporting needs.

We, at Way Point Systems, have been providing industry specific ERP solutions, and consultancy to help manufacturing and production companies streamline their business processes, empower employees, gain enthusiastic customers and maximize the value for their technology investments. Do you have an ERP solution or are planning to make this shift to the ‘electronic’ world but need some ideas? Talk to us – share with us your thoughts and plans as we’re here to hear you out!

 

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